Temasek Holdings (Temasek)

Malaysia

Malaysian mobile operator targets US$500 mil in IPO

(Nov 27): U Mobile, a Malaysian mobile service provider, is planning to raise about $500 million ($683 million) in an initial public offering in Kuala Lumpur, according to people familiar with the

Fintech

MAS, JP Morgan, Temasek jointly develop prototype for multi-currency payments

SINGAPORE (Nov 11): The Monetary Authority of Singapore (MAS), global investment bank JP Morgan and local sovereign fund Temasek have jointly developed a blockchain-based prototype that enables pay

Property

Temasek-Khazanah JV to sell Andaz Singapore for $475 mil

KUALA LUMPUR (Oct 9): M+S, a 60:40 joint venture between Khazanah Nasional and Temasek Holdings, is selling its wholly-owned subsidiary, Ophir-Rochor Hotel (ORH), to property developer Hoi Hup Real

Startups • Entrepreneurs • Digital economy

Trendlines receives conditional commitments of up to $30.3 mil to drive expansion strategy

SINGAPORE (Sept 24): Trendlines Group is set to receive conditional commitments of up to US$22 million ($30.3 million) for its new Singapore-based venture fund, Trendlines Agrifood.

Funds

Temasek's Vertex closes record US$305 million Southeast Asian fund

SINGAPORE (Sept 19): Vertex Venture Holdings Ltd., a unit of Singapore’s Temasek Holdings Pte, has closed its fourth Southeast Asia and India fund at a record US$305 million ($420.4 million)

Startups • Entrepreneurs • Digital economy

Palantir said to seek funding on private market, delay IPO

(Sept 6): Palantir Technologies Inc is in talks to raise significant funding from private investors, a move that could indefinitely delay one of Silicon Valley’s most hotly anticipated initial publ

Sovereign wealth funds

Temasek sells stakes in Thai telco Intouch for $701 mil

(Aug 15): Units of Singapore's sovereign fund Temasek -- Aspen Holdings and Anderton Investments -- launched an overnight block trade on Wednesday for 15.6 billion baht ($701 million) or 8.02% of i

Singapore economy

China's Centurium Capital raises over $2.7 bil from GIC, Temasek, others

HONG KONG (July 3): China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than US$2 billion ($2.7 billion) in its debut fund, giving the private equity

Corporate moves

Goldman ex-chief China economist Tang is poised to join Temasek

SINGAPORE (June 17): Goldman Sachs Group Inc’s former chief China economist MK Tang will join Temasek Holdings after almost seven years at the US bank, according to people familiar with the matter.

Property

Mapletree eyes $10 bil of deals a year as more funds planned

SINGAPORE (June 17): Mapletree Investments may strike up to $10 billion of deals annually buying and selling properties as it seeks to set up more private funds over the next five years.

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